BNET Industries

Intermagnetics General Corp.

is in the Manufacturing Industry

Last Fiscal Year Sales:$313.4M
  • Private
  • US
Dow Jones Description

Customers are really drawn to this company. Founded in 1971 and headquartered in Latham, NY, Intermagnetics General Corporation distributes magnetic products used in the healthcare industry. Its products focus on MRI products, as well as low-temperature superconducting magnets and radio frequency coils. The company has two main divisions: Invivo Diagnostic Imaging, which uses the radio frequency coils to boost MRI reflections, and Invivo Patient Care, which focuses on patient monitors and bedside monitors. The company had 2005 revenue of about $264.8 million and has approximately 1,070 employees. In May 2006, it reclaimed world record performance of second-generation high temperature superconducting wire by achieving critical current performance of 219 amperes per centimeter width (A/cm) over 322 meters.

Chairman & CEO
Glenn H. Epstein
Number of Employees 1,150
Contact Information

450 Old Niskayuna Rd

PO Box 461

Latham, New York 12110

www.igc.com

(518) 782-1122

NAICS Code Fabricated Structural Metal Manufacturing: 332312

News & Analysis

intermagnetics general corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Michael Mainelli President, Invivo Corp
Michael K. Burke CFO & Executive Vice President
Thomas J. Brein Executive Vice President
Thomas J. O Brien Executive Vice President
David Thielman Vice President
Kathy Yudzevich Manager, Investor Relations
Katherine M. Sheehan General Counsel & Secretary
Sheldon Weinig Director

Board of Directors

Name (plus bio) Position
Glenn H. Epstein Chairman & CEO
A. Jay Graf Board of Directors
John M. Albertine Board of Directors
Larry G. Garberding Board of Directors
Leo Blecher Board of Directors
Michael E. Hoffman Board of Directors
Philip J. Pellegrino Board of Directors

Organization Position Status
Intermagnetics General Corporation Chairman & CEO Current
Pine Street Capital Partners Chairman & CEO, Intermagnetics General Corp. (Imgc) Current
Pine Street Capital Partners Advisory Member Current
Intermagnetics General Corporation Board of Directors Current
IGC Technology Development President Former
IGC Magnet Business Group President Former

Organization Position Status
Intermagnetics General Corporation President, Invivo Corp Current

Organization Position Status
Intermagnetics General Corporation CFO & Executive Vice President Current

Organization Position Status
Intermagnetics General Corporation Executive Vice President Current

Organization Position Status
Intermagnetics General Corporation Executive Vice President Current

Organization Position Status
Intermagnetics General Corporation Vice President Current

Organization Position Status
Intermagnetics General Corporation Manager, Investor Relations Current

Organization Position Status
Intermagnetics General Corporation General Counsel & Secretary Current

Organization Position Status
Intermagnetics General Corporation Board of Directors Current

Organization Position Status
Intermagnetics General Corporation Board of Directors Current

Larry G. Garberding was a member of the Board of Directors and Chief Financial Officer of DTE Energy Company until his retirement on December 31, 2001. Prior to DTE Energy, Mr. Garberding held executive level positions involving both financial and operating responsibilities with a number of energy related companies. His experience includes exploration for oil and gas; pipeline construction; production, processing, transmission, storage, distribution and marketing of natural gas; and production, transmission and distribution of electricity. By his participation in the formation of new companies and venture capital groups, he has been a leader in establishing the distributed generation industry. Mr. Garberding serves on the Board of Directors of H2Gen Innovations Inc., Intermagnetics General Corporation, Intermap Technologies Corporation and Plug Power Inc.

Organization Position Status
Altarum Member of the Board of Directors and Chief Financial Officer of Dte Energy Company Current
Plug Power Inc. Co-Founder Current
Plug Power Inc. Board of Directors Current
H2GEN Innovations, Inc. Board of Directors Current
Intermagnetics General Corporation Board of Directors Current
Intermap Technologies Corporation Board of Directors Current
DTE Energy Company Chief Financial Officer Former
The Detroit Edison Company Chief Financial Officer Former
The Detroit Edison Company Executive Vice President Former
The Detroit Edison Company Director Former
Iowa State University Bachelor of Science Degreee In Industrial Administration Former
DTE Energy Company member Former

Organization Position Status
Intermagnetics General Corporation Board of Directors Current
Intermagnetics General Corporation President, MRI Sector Former

Organization Position Status
Intermagnetics General Corporation Board of Directors Current

Organization Position Status
Intermagnetics General Corporation Board of Directors Current

Organization Position Status
Columbia University Adjunct Professor Current
The State University of New York Adjunct Professor Current
Insituform Technologies, Inc. Board of Directors Current
Intermagnetics General Corporation Director Current
Math for America Board of Directors Current
Sion Power Corporation Board Member Current
Mrc Former
Insituform Technologies, Inc. Corporate Governance & Nominating Committee Chairman Former
Sony Corporation Vice Chairman Former
Columbia University D.Sc. In Metallurgy Former
Columbia University M.S. Former
New York University B.S. In Metallurgical Engineering Former

Executive News

  • New CFO at Albany Int'l Corp. will earn $400K base salary

    The Business Review (Albany) - 7/06/09 - View Story

  • Albany International Names New CFO

    TradingMarkets - 7/04/09 - View Story

  • Albany International names Michael K. Burke as senior VP and CFO successor

    TradingMarkets - 7/01/09 - View Story

  • Burke To Become CFO At Albany International

    TradingMarkets - 7/01/09 - View Story

  • Albany International Announces CFO Successor

    RBC Dain Raushcer - 6/30/09 - View Story

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